Bisnis.com, JAKARTA – Crude palm oil (CPO) products and their derivatives will receive an ‘extension of time’ to enjoy import duty incentives for exports to India. This certainly provides additional fresh air for these plantation commodities, after prices were depressed in 2023. As reported by Reuters, Tuesday (16/1/2024), the Indian Government is said to be … Read more
Jakarta – Holding Perkebunan Nusantara supports the establishment of a domestic futures exchange as a reference price for Indonesian crude palm oil (CPO), which is being launched by the Government through the Ministry of Trade. This was conveyed by the Marketing Director of PTPN III (Persero) Nusantara Plantation Holding, Dwi Sutoro, when he was a … Read more
Jakarta, CNBC Indonesia – Export of palm oil (crude palm oil/CPO) reached 25 million tonnes. One of the biggest export destinations is Russia. Data from the Central Statistics Agency (BPS) shows that in terms of volume, Indonesia’s CPO exports in 2022 will decline by 2.4% to 25.01 million tons. In contrast, in terms of value, … Read more
Jakarta, CNBC Indonesia – earth palm oil prices (Uncooked palm oil/ CPO) has been overshadowed by detrimental sentiment during this week. In this weekend’s trading session, Friday’s CPO price ranges (9/9/2022) closed 1.5% increased than the previous day at RM 3,594 per tonne, ending a 10-day streak of losses. In the meantime, CPO fell 8.2% … Read more
Jakarta, CNBC Indonesia – The cost of crude palm oil (CPO) fell 6.16% in a 7 days. The greatest drops occurred in the past two buying and selling times of the week, immediately after China confinement in some locations. Referring to Refinitiv, the CPO price tag in the to start with two days of this … Read more
Jakarta, CNBC Indonesia – The price of crude palm oil (CPO) has fallen sharply this 7 days in line with the drop in the cost of other vegetable oils. The CPO agreement cost on the Bursa Malaysia Derivative Exchange fell 7.13% and shut at MYR 4,093 / ton. CPO selling prices dropped sharply from their … Read more
Jakarta, CNBC Indonesia – The price of Indonesia’s leading export commodity, namely crude palm oil (crude palm oil/CPO) fell this week in line with the weakening of world crude oil prices. The price of the CPO futures contract at Bursa Malaysia was observed to have fallen 11.7% in the last week to MYR 4,517/ton. The … Read more
Jakarta, CNBC Indonesia – The price of crude palm oil (CPO) was observed to weaken 0.48% at the level of RM 6,369/ton for three-month futures contracts on the Bursa Malaysia Derivative Exchange. The price of CPO had penetrated RM 7,000/ton. At that time, the Indonesian government banned the export of CPO because of the very … Read more
GenPI.co – The price of palm oil or crude palm oil (CPO) fell slightly on Wednesday (6/4) in line with stock uncertainty in global markets. Market participants continue to observe the impact of the new sanctions against Russia so that concerns regarding vegetable oil stocks in the market are getting bigger. Palm contracts for June … Read more
Jakarta, CNBC Indonesia – Crude palm oil prices (Crude Palm Oil/CPO) fell in yesterday’s trade. In the future, what are the prospects for CPO prices? Are you sinking or can you get up? Yesterday, the price of CPO in Bursa Malaysia was closed at MYR 4,650/ton. Down 0.73% from the previous day’s closing position. CPO … Read more